Gregory Tomb - Dec 9, 2022 Form 4 Insider Report for Zoom Video Communications, Inc. (ZM)

Role
President
Signature
/s/ Aparna Bawa, Attorney-in-Fact
Stock symbol
ZM
Transactions as of
Dec 9, 2022
Transactions value $
-$1,050,282
Form type
4
Date filed
12/13/2022, 07:08 PM
Previous filing
Oct 11, 2022
Next filing
Dec 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZM Class A Common Stock Options Exercise $0 +14.4K +60.29% $0.00 38.2K Dec 9, 2022 Direct
transaction ZM Class A Common Stock Tax liability -$494K -6.97K -18.22% $70.91 31.3K Dec 9, 2022 Direct F1
transaction ZM Class A Common Stock Sale -$133K -1.88K -6% $70.91 29.4K Dec 12, 2022 Direct F2
transaction ZM Class A Common Stock Sale -$137K -1.88K -6.38% $72.80 27.5K Dec 12, 2022 Direct F2, F3
transaction ZM Class A Common Stock Sale -$287K -3.71K -13.48% $77.30 23.8K Dec 13, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZM Restricted Stock Units Options Exercise $0 -14.4K -3.45% $0.00 403K Dec 9, 2022 Class A Common Stock 14.4K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.79 to $72.805. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
F4 Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F5 The reporting person received an award of restricted stock units on June 9th 2022, 1/32 of which will vest on each regular quarterly vest date over a four year period, commencing on the vesting commencement date. A "Regular Quarterly Vest Date" occurs on (i) the date that is every three months following the Vesting Commencement Date, on the day of the calendar month that corresponds with the Vesting Commencement Date and (ii) the 9th calendar day of the third month of each of Zoom's fiscal quarters.